Since January I've been eyeing UKN Miraya Rose, thinking about investment. Builder ne bola tha 5-6% rental yield easily aayega, but market checks say it's barely 3%. Iska resale market bhi utna liquid nahi lag raha, honestly. My parents keep saying check builder's track record properly. Anyone else faced this gap with their ROI expectations?
UKN Miraya Rose is developed by UKN Properties Pvt. Ltd., a reputed real estate developer known for quality construction. The project in Siddapura, Bengaluru offers 3 BHK from ₹3.27 Cr, 4 BHK from ₹5.52 Cr, 4.5 BHK from ₹4.73 Cr and is RERA registered under number RERA registered.
UKN Miraya Rose by UKN Properties Pvt. Ltd. in Bengaluru starts from ₹3.3 Cr. It offers 3 BHK from ₹3.27 Cr, 4 BHK from ₹5.52 Cr, 4.5 BHK from ₹4.73 Cr with an average rate of market-competitive — making it a competitively priced entry into the Siddapura micro-market.
UKN Miraya Rose by UKN Properties Pvt. Ltd. in Siddapura, Bengaluru has obtained all necessary environmental clearances, building permits, and approvals. RERA number RERA registered confirms regulatory compliance. Buyers can request copies of clearances from the developer.
UKN Miraya Rose by UKN Properties Pvt. Ltd. follows a transparent RERA-disclosed construction schedule. Key milestones including foundation, structure, and finishing are publicly available under RERA number RERA registered on the state portal.
UKN Miraya Rose stands out in Siddapura with 88 units across 2 towers on 3.0 acres, offering 3 BHK from ₹3.27 Cr, 4 BHK from ₹5.52 Cr, 4.5 BHK from ₹4.73 Cr at market-competitive with 20.84% appreciation. RERA number RERA registered ensures full transparency.
Comments
Totally agree with the ROI dilemma. I was looking at a property in Aavalahalli and the agent gave me similar inflated rental figures. It's so hard to trust anyone. What did you end up doing about UKN Miraya Rose?
It's a tough call. On one hand, it's a completed project (Possession date: 2016-11-01), which is a plus, no construction risk. But at that price point (₹3.3 Cr onwards), if the rental yield is only 3%, it's not making financial sense for an investor. Unless you're looking for long-term capital appreciation, which is a different ball game altogether and takes time.
I had a similar experience with another builder in Akshayanagar. They promised the moon, but when it came to actual rentals, it was a huge disappointment. UKN ka track record waise bhi mixed reviews wala hai. 88 units hain, but if the demand isn't there for resale, toh liquidity toh problem hogi hi. Don't just look at what they say, check actual rental agreements nearby for similar sized properties.
U8, UKN ka ek project Adigara Kallahalli mein bhi tha, wahan bhi delays hue the. So track record pe doubt toh hai. My uncle had issues with quality in their commercial complex too.
What about their other projects? Koi aur feedback hai UKN ka? Builder ka track record check karna bahut zaroori hai.
Sahi baat hai, Akshayanagar mein bhi prices bahut inflate hue hain. Rental yield expectations are always tricky. Current market conditions in Bengaluru are tough for quick flips, you need to hold for longer.
Ye UKN Miraya Rose ka naam suna hai. Kahi 2016 mein possession mila tha na? Us time ke rates toh abhi bahut upar hain. But resale ka issue suna hai, especially for properties in this high price range.
Exactly! Us time jo price tha, abhi usko match karna mushkil hai for a good profit. Aur iss price range (3.3 Cr – 7.3 Cr) mein buyers bhi limited hain for resale. Majority first-time buyers like us are looking for something around 1 Cr.
Haan bhai, 2016-11-01 was the possession date. My friend almost bought there, but backed out because of the premium pricing and slow appreciation in that area.
Bhai, totally agree! Builder log bas sapne dikhate hain. 3% toh FD mein bhi mil jaata hai, uske liye itna bada investment thodi na karte hain.